Vard has indeed staged a Spectacular rebound from the 0.800 support level as notified to clients on Monday. DiD you manage to ride the downside all the way Since Aug and then finally take profit and NOW RIDE BACK Up the rebound phase ?
Sent: Wednesday, September 24, 2014 4:49 PM
Subject: Follow Up ******************* Potential Downside: Broke 0.87 support further again, now 0.85
Subject: Follow Up ******************* Potential Downside: Broke 0.87 support further again, now 0.85
Vard has broke the 0.87 immediate support again, range can be from 0.84 near term support to 0.87 now. Might consolidate slightly between this level before any movement. Note that any breakdown of 0.84 can lead to more downside to 0.80. CFD SELL positions can be used to ride more downside also. Those looking to accumulate or average down on dip long positions for any technical rebound can consider doing so from 0.80 to 0.82 level if it does reach.
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